Why are three smaller maps called?what does each of them show?

Which of the following is a cause of poverty for familys

motikmotik

This could be all of the above. If you are unemployed, you can't get the money you need. If you have low wages, you don't have enough for your family to support them. If you are dealing with an illness you can't work, therefore, won't get any money.

3 0

4 years ago

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For each situation, give an example of a fiscal policy and a monetary policy solution. (p. 15)

docker41 [41]

Answer:

Monetary Policy refers to the use of money supply and interest rates by the Central bank of a country to help achieve Economic goals such as inflation, consumption and economic growth. An expansionary monetary policy increases money supply and a contractionary policy decreases it.

Fiscal Policy has the same aim of helping the Government achieve economic goals but this time done by regulating government spending or taxes. An expansionary fiscal policy sees increased government spending and reduced taxes while a contractionary policy sees decreased government spending and higher taxes.

<u>1. Rapid investment during a boom period threatens to overheat the economy. </u>

Fiscal policy solution: Contractionary Fiscal Policy

The Economy might overheat because of a high amount of investment in production. This means that Aggregate Demand is moving too fast. To rein this in with Fiscal Policy, the Government can increase taxes and reduce spending. This way people have less money to save to be used for investment and companies have less money to do the same.

Monetary policy solution: Contractionary Monetary Policy

The Central bank should reduce money supply and increase interest rates. They can do this by increasing the reserve requirement rate for banks and engage in Open Market Operations to sell securities to the public. This reduction in money supply will increase interest rates thereby reducing the amount of money left for investing.

2. Layoffs lead to an economic slowdown.

Fiscal policy solution: Expansionary Fiscal Policy

The goal here is to stimulate the economy so that employers can hire more people. The Government can increase spending which would lead to a multiplier effect in income. They should also reduce taxes so that the people can have more money after paying taxes. These two things will have the effect of increasing investment spending which will enable companies to embark on new projects that will increase employment.

Monetary policy solution: Expansionary Monetary Policy

The Central bank should also aim to increase interest rates and money supply at least in the short run. By decreasing the Discount rate as well as the Reserve requirement, and embarking on Open Market Operations where they buy securities from the public, they can increase money supply. This increase in money supply will mean that there is excess money for investment which will lead to increased employment.

3 0

3 years ago

This is the general name for an economic system characterized by a central authority which makes major economic decisions.

vodomira [7]

Command economy is the answer

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4 years ago

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A __________ is the general idea of objects, events, animals, or people based on common features, traits, or characteristics. A.

vfiekz [6]

Answer: concept

general idea of objects, events, animals, or people based on common features, characteristics, or traits.

Explanation: quiz.let

TestNew stuff! general idea of objects, events, animals, or people based on common features, characteristics, or traits. You just studied 7 terms!

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A concept, as rightly defined, is the general idea of an entity, which can include objects, events, animals, or people based on common features, traits, or characteristics. Hence, the CONCEPT of something refers to a a generalized idea about that particular thing.

A concept in other words is our thought about something i.e. how we conceive or think that thing to be. Concept is a phenomenon of the "MIND" since it is abstract and cannot be seen. Based on this, the definition given in the question is TRUE.

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A concept is the general idea of objects, events, animals, or people based on common features, traits, or characteristics.

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8 0

2 years ago

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The ten countries with the lowest development in the world, with regard to income, standard of living, and life expectancy, are

madreJ [45]

Answer:

B

Explanation:

Africa